GM has revealed a new battery partnership that could help boost electric vehicle range while making EVs more affordable, with president Mark Reuss pushing for updated subsidies and credits to encourage new and used car sales. Currently GM is, like Tesla, a victim of its own success in electric vehicles, having sold so many across its brands that buyers are no longer eligible for the US $7,500 federal tax credit.
That incentive can help considerably with the cost of a new EV or plug-in hybrid, helping bring such vehicles more in line with the cost of a traditional, internal combustion alternative.
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